{"id":27237,"date":"2021-11-30T10:25:22","date_gmt":"2021-11-30T10:25:22","guid":{"rendered":"https:\/\/immigranttravels.com\/index.php\/2021\/11\/30\/its-legal-to-buy-a-passport-from-another-country-but-you-might-go-broke\/"},"modified":"2021-11-30T10:25:22","modified_gmt":"2021-11-30T10:25:22","slug":"its-legal-to-buy-a-passport-from-another-country-but-you-might-go-broke","status":"publish","type":"post","link":"https:\/\/immigranttravels.com\/index.php\/2021\/11\/30\/its-legal-to-buy-a-passport-from-another-country-but-you-might-go-broke\/","title":{"rendered":"It's Legal to Buy a Passport From Another Country, but You Might go Broke"},"content":{"rendered":"

There\u2019s a new trend among the super-rich; buying a second or third passport.<\/p>\n

It\u2019s legal, doesn\u2019t work everywhere, and is always expensive.<\/p>\n

But money talks.<\/p>\n

Quartz says buying residency or citizenship by investing in a government fund or a property can help people easily move around the world.<\/p>\n

Problem is; it can cost over $15,000 on the low end.<\/p>\n

It\u2019s called \u201ccitizenship by investment\u201d.<\/p>\n

Travel + Leisure says having multiple passports comes in handy when traveling to destinations that may be off-limits with one\u2019s primary passport.<\/p>\n

They also come in handy for wealthy people trying to buy residences in countries where the taxes are lower.<\/p>\n

A travel expert told Business Insider citizenship is forever and is only taken away if you commit a serious crime.<\/p>\n

Thailand is the cheapest place to buy residency at $15,000+, Quartz reports.<\/p>\n

Getting a residency in the U.K. costs a lot more; think over $2.5 million, according to Business Insider.<\/p>\n

But wealthy people may have to wait it out.<\/p>\n

Some countries, like the UK, require people to live in the country for a few years before submitting a citizenship by investment proposal.
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source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There\u2019s a new trend among the super-rich; buying a second or third passport. It\u2019s legal, doesn\u2019t work everywhere, and is always expensive. But money talks. Quartz says buying residency or citizenship by investing in a government fund or a property can help people easily move around the world. Problem is; it can cost over $15,000 […]<\/p>\n","protected":false},"author":1,"featured_media":27238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[3],"tags":[726,29086,1674,921,2126,854,38972,151,84,2031,5819,77254,77253,10999,11102,922,230,2789,1180,191,26249,9754,1024,862,18274,211,3906,3409,5229,1764,77252,2122,4231,1568,1215],"class_list":["post-27237","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-caribbean","tag-america","tag-broke","tag-budget","tag-business","tag-buy","tag-buy-passport","tag-champagne","tag-citizenship","tag-citizenship-by-investment","tag-country","tag-england","tag-has","tag-its-legal-and-expensive-to-buy-a-passport-from-another-country","tag-it39s","tag-kids","tag-legal","tag-lifestyle","tag-london","tag-money","tag-passport","tag-passport-photo","tag-passport-requirements","tag-property","tag-real-estate","tag-renew-passport","tag-residency","tag-rich","tag-today","tag-u-k","tag-united-states","tag-veuer","tag-video","tag-wealth","tag-wealthy","tag-youtube","post_format-post-format-video"],"_links":{"self":[{"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/posts\/27237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/comments?post=27237"}],"version-history":[{"count":0,"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/posts\/27237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/media\/27238"}],"wp:attachment":[{"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/media?parent=27237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/categories?post=27237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/immigranttravels.com\/index.php\/wp-json\/wp\/v2\/tags?post=27237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}